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Dec 29, 2012
12/12
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tick tock, we're three days away from possibly going off the fiscal cliff. it's our focus this morning. if lawmakers fail to reach a deal, that would mean spending cuts and tax hikes for 88% of all american households on tuesday. look at the number from the tax policy center. these numbers are interesting. some of the poorest americans who make up to $20,000 a year will have to shell out about $412 more to the irs, and everyone earning more than $40,000 a year will be affected. if you make $40,000 to $64,000 a year, you'll pay almost $2,000 more a year, and if you make a little more between $64,000 to $108,000, that number jumps to $3,500. and anyone making more than $108,000, you'll have to give up more than $14,000. overall, the average american will pay more than $3,500 a year. the question needs to be asked here, will lawmakers be able to pull off a new deal before the new year? the managing director joins me now live from miami. you, dylan, were part of the bush administration a little more than a decade ago, which actually initiated this series of tax
tick tock, we're three days away from possibly going off the fiscal cliff. it's our focus this morning. if lawmakers fail to reach a deal, that would mean spending cuts and tax hikes for 88% of all american households on tuesday. look at the number from the tax policy center. these numbers are interesting. some of the poorest americans who make up to $20,000 a year will have to shell out about $412 more to the irs, and everyone earning more than $40,000 a year will be affected. if you make...
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Dec 31, 2012
12/12
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. >> marlie hall in new york this morning. >>> also today is the final day of fiscal cliff negotiations. hope of reaching a wide-ranging deal in automatic spending increases and tax cuts is all but gone. spending would be reduced and cuts would be felt in all areas of the government. economies have warned that going over the cliff would cause a spike in unemployment and trigger another recession. this morning the senate reconvenes with the aim of reaching a smaller deal, one that might spare millions of americans from paying her taxes. danielle nottingham reporting now from washington. >> lawmakers are still working on it. >> i want everyo one to know i' willing to get this done but i need dance partner. >> the main sticking point between democrats and republicans continues to be over the threshold of tax increases. president obama campaigned on raising taxes on income over $250,000 while many congressional republicans have pushed back against any tax increases. president obama is placing the blame for the impasse on the gop. >> they say that their biggest priority is making sure that w
. >> marlie hall in new york this morning. >>> also today is the final day of fiscal cliff negotiations. hope of reaching a wide-ranging deal in automatic spending increases and tax cuts is all but gone. spending would be reduced and cuts would be felt in all areas of the government. economies have warned that going over the cliff would cause a spike in unemployment and trigger another recession. this morning the senate reconvenes with the aim of reaching a smaller deal, one that...
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Dec 31, 2012
12/12
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we're teetering ooee that fiscal cliff..when lawmakers keep uu frommgoong over! morning. news.. all local.. all &pthe fight over the fiscal cliff.whaa's still being done to try to stop ittfrom happening on fox45 news at five.. ,3 3 3 3 3 395 mapp- 195 map 3 the u-s economy goes over tte - lawmakerr are locked in a fierce face-off... over a set of ssending cuts and tax hikes. hikes.economists fear the combination of the two... could ttigger a nnw recession. if nothing is resolved by midnight tooight... tax rrtes for all americans will innrease. demmcrats ssy it means aboot 2-thousand dollars for tte average middle-claas family. 1:09 "the president is doing nothing about the addiction spendingg hees the spender in chief." democrats want higher taxes on families earning 250-thoouand- dollars a year ann over. reppblicans want tax rates to &pstay where they are and entttlement spending reductions. taxes seee tt be the biggest obstacle to a compromise. but others just spending put in cceck. ""ne mom said to me in michigan, that's four months groccries. i mean that's commuting back ann
we're teetering ooee that fiscal cliff..when lawmakers keep uu frommgoong over! morning. news.. all local.. all &pthe fight over the fiscal cliff.whaa's still being done to try to stop ittfrom happening on fox45 news at five.. ,3 3 3 3 3 395 mapp- 195 map 3 the u-s economy goes over tte - lawmakerr are locked in a fierce face-off... over a set of ssending cuts and tax hikes. hikes.economists fear the combination of the two... could ttigger a nnw recession. if nothing is resolved by midnight...
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Dec 31, 2012
12/12
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a meeting is set as lawmakers work to avoid the fiscal cliff. but the clock is winding down. i don't know about you, but i'm so tired of talking about this. >> i feel the exact same way. >> just go over the cliff, get something done so we can stop talking about it. >>> a chilly end to 2012. it is cold out there. old man winter reminding us what time of year it is. a large part of the nation will ring in the new year with temperatures below freezing. >> we wouldn't know anything about that because it is hot as -- >> in the studio you mean. >> yes. >> maybe it's warm because i have my new slippers on that rob got me. >> that's not fair. >> you can put them in the microwave. >> really? >> yes. >>> but if warm, sunny skies are more your style, pasadena is the place to be. we'll take you behind the scenes of the annual rose parade to see how an army of volunteers build the majestic floats that smell so good. >> pasadena is more my style this time of year. >>> we begin with hillary clinton. the 65-year-old secretary of state is in a new york hospital suffering from a blood clot. >>
a meeting is set as lawmakers work to avoid the fiscal cliff. but the clock is winding down. i don't know about you, but i'm so tired of talking about this. >> i feel the exact same way. >> just go over the cliff, get something done so we can stop talking about it. >>> a chilly end to 2012. it is cold out there. old man winter reminding us what time of year it is. a large part of the nation will ring in the new year with temperatures below freezing. >> we wouldn't...
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Dec 31, 2012
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thank you. >>> meanwhile the final day of fiscal cliff negotiations. hopes of reaching a wide-ranging deal to avoid automatic tax increases and spending cuts is all but gone. without a plan in place by midnight it will cost americans an additional $536 billion. spending would be reduced by $110 billion, and the cuts would be felt in all areas of the government. economists have warned that going over the cliff would cause a spike in unemployment and trigger another recession. this morning the senate reconvenes with the aim of reaching a smaller deal one that might spare millions of americans from paying higher taxes. danielle nottingham is in washington with the latest. dab yell, good morning to you. >> good morning, terrell, vice president joe biden is now in on negotiations. senate minority leader mitch mcconnell reached out to him sunday night after talks with democrats stalled. but with just hours go until this deadline there are still obstacles standing in the way of even a watered down agreement. lawmakers left the capitol sunday night without a d
thank you. >>> meanwhile the final day of fiscal cliff negotiations. hopes of reaching a wide-ranging deal to avoid automatic tax increases and spending cuts is all but gone. without a plan in place by midnight it will cost americans an additional $536 billion. spending would be reduced by $110 billion, and the cuts would be felt in all areas of the government. economists have warned that going over the cliff would cause a spike in unemployment and trigger another recession. this...
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Dec 26, 2012
12/12
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south. >>> president obama cuts his christmas vacation short for the fiscal cliff. >>> and the longest high speed train. good morning. i'm richard lui. christmas was anything but merry for residents of the deep south. christmas packed a deadly punch. three residents are victims of the storm that hit four states as far south as texas. >> oh, wow, oh jr, look at that tornado. >> reporter: in mobile, alabama, a christmas surprise no one wished for right in this city center. it left lots of damage in its wa wake, blowing out first and second floor windows at the medical center and the roof at the high school. there are no deaths but tens of thousands are without electricity. it sent customers running for cover. >> he looked out the windows and said there is a tornado coming. i looked out, saw the debris flying around, got everybody and the customers an said, we need to run to the back and everybody huddle down. >> i probably hurt my baby grabbing her running for protection. there was no time. >> reporter: the twister was from a massive storm that stretched across the nation. earlier, a tor
south. >>> president obama cuts his christmas vacation short for the fiscal cliff. >>> and the longest high speed train. good morning. i'm richard lui. christmas was anything but merry for residents of the deep south. christmas packed a deadly punch. three residents are victims of the storm that hit four states as far south as texas. >> oh, wow, oh jr, look at that tornado. >> reporter: in mobile, alabama, a christmas surprise no one wished for right in this city...
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Dec 28, 2012
12/12
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update on washington's fiscal cliff negotiations. we'll hear from republican senator bob corker, plus the damaging economic strikes looming at more than a dozen of our nation's forts. >>> a guy getting fit will sit with the best-selling authors of "fit" this year. that's the "cbs morning news" for this friday. thanks for watching. i'm duarte geraldino. have a great day. -- captions by vitac -- www.vitac.com >> your realtime captioner: linda marie macdonald >>> hi, everyone. good morning. it's our last friday of 2012! december 28th. i'm frank mallicoat. >> i'm michelle griego. time now is just about 4:30. let's start things off with a look at weather and traffic. i feel like i'm losing my voice. >> oh, no. >> i know. >> are you really? >> a little bit. >> you have so many visitors in town. >> i know! >> the entire state of colorado stayed at your house! >> you will have the weekend to rest your voice. >>> in the weather, we are getting a check of our high-def doppler radar. and it's quiet for now. but we are anticipating some big chan
update on washington's fiscal cliff negotiations. we'll hear from republican senator bob corker, plus the damaging economic strikes looming at more than a dozen of our nation's forts. >>> a guy getting fit will sit with the best-selling authors of "fit" this year. that's the "cbs morning news" for this friday. thanks for watching. i'm duarte geraldino. have a great day. -- captions by vitac -- www.vitac.com >> your realtime captioner: linda marie macdonald...
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Dec 30, 2012
12/12
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. >> the clock ticks down to the so-called fiscal cliff. >> closer than ever going over the fiscal cliff. >> the fiscal cliff negotiations are going no where. >> president obama may not have gotten a fiscal cliff deal, but keeping up the media pressure this sunday morning with an interview op"meet the press." we'll take a look. >>> from the david petraeus scandal to the trayvon martin tragedy. the media's performance in 2012, we'll have a report card. i'm howard kurtz and this is "reliable sources." >>> it was a striking moment when david gregory brandished that high ammunition magazine last sunday so much so we played it on this program. but that braumpted a d.c. police whether he violated the city's gun laws, one controversy that they fuind under assault. and eric who blogs about the media for "washington post." simple question, eric, should david gregory be prosecuted? >> well, i think he should be investigated. i'll leave that up to the prosecutors. but i definitely do believe unlike greta van susstrn and unlike you. >> and the "wall street journal" page. >> it turns out the district
. >> the clock ticks down to the so-called fiscal cliff. >> closer than ever going over the fiscal cliff. >> the fiscal cliff negotiations are going no where. >> president obama may not have gotten a fiscal cliff deal, but keeping up the media pressure this sunday morning with an interview op"meet the press." we'll take a look. >>> from the david petraeus scandal to the trayvon martin tragedy. the media's performance in 2012, we'll have a report card....
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Dec 30, 2012
12/12
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prescription for flu. >>> well, as we have been reporting this morning the fiscal cliff talks going down to the wire in washington. this as the president and top lawmakers are trying to avoid the potentially devastating tax increases and spending cuts that kick in with the new year. this morning on "fox news sunday," two prominent senators confident therenfy tent there will be a deal. >> hats off to the president. he stood his ground. he will get tax rate increases on upper income americans and the sad news for the country is that we accomplished little in terms of not becoming greece or getting out of debt. this deal won't affect the debt situation. it will be a political victory for the president and i hope we will have the courage of our convictions when it comes time to raise the debt ceiling to fight for what we believe as republicans. hats off to the president. he won. >> the time has come really to measure the absence of a deal plus against a deal and i think both of us come down that we have to solve this immediate situation. the danger to our people, to our military, to our nati
prescription for flu. >>> well, as we have been reporting this morning the fiscal cliff talks going down to the wire in washington. this as the president and top lawmakers are trying to avoid the potentially devastating tax increases and spending cuts that kick in with the new year. this morning on "fox news sunday," two prominent senators confident therenfy tent there will be a deal. >> hats off to the president. he stood his ground. he will get tax rate increases on...
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Dec 24, 2012
12/12
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was important. >>> in other news this morning, retail analysts blame worries of that fiscal cliff and other issues for a slump in holiday shopping. sales fell more than 4% during the second week of december. but overall sales should be up 2.5%. online sales are up more than 8% through saturday to an estimated $48 billion. you done with your shopping? >> i got most of it done. my husband is going to have to finish it off for the rest of the family because i don't have anymore time. >> perfect excuse. >> and he's happy to do it. mother nature is getting into the holiday spirit with christmas lights of her own. listen to this, jupiter and the moon will be in conjunction tomorrow evening, but they're already close together in the sky. and bright enough to be visible around the world, even in big cities. >> and with a home telescope you'll be able to see the storms on jupiter and the four largest moons, as well as the mountains and the craters there on the moon. even with the naked eye, believe it or not, you'll still be able to check out this very cool show. >> hopefully the weather is ho
was important. >>> in other news this morning, retail analysts blame worries of that fiscal cliff and other issues for a slump in holiday shopping. sales fell more than 4% during the second week of december. but overall sales should be up 2.5%. online sales are up more than 8% through saturday to an estimated $48 billion. you done with your shopping? >> i got most of it done. my husband is going to have to finish it off for the rest of the family because i don't have anymore...
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Dec 31, 2012
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. >>> and less than 24 hours until the nation heads over the fiscal cliff. we'll go to washington to see if lawmakers are any closer to cutting a deal and we'll tell you what will happen if they don't. >>> we begin with today's "y opener," your world in 90 seconds. >>> hillary clinton will be celebrating the new year from a hospital bed. >> secretary of state hillary clinton is hospitalized in new york city. >> she's got a blood clot she suffered from a fall. >> it left her severely dehydrat dehydrated. clinton had been planning to return to work this week. >> there's still significant difference between the two sides. >> today the final day of fiscal cliff negotiations. >> i want everybody know i'm willing to get this done but i need a dance partner. >>> vice president joe biden is now in on negotiations. >> do i wish things were more order will i in washington? absolutely. >>> a tour bus crashed on an icy oregon highway has killed nine people and injured 20 others. >> today is december 231st. there's going to be a huge celebration in times square with ever
. >>> and less than 24 hours until the nation heads over the fiscal cliff. we'll go to washington to see if lawmakers are any closer to cutting a deal and we'll tell you what will happen if they don't. >>> we begin with today's "y opener," your world in 90 seconds. >>> hillary clinton will be celebrating the new year from a hospital bed. >> secretary of state hillary clinton is hospitalized in new york city. >> she's got a blood clot she suffered...
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Dec 31, 2012
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>>> this morning on "world news now," new year's eve, the 11 9 hour, reaching a decision on the fiscal cliff. not yet. >> lawmakerks not find common ground, and we will all be paying taxes come tomorrow. it is monday, december 31. >> from abc news, this is "world news now." >> good morning, everybody, i'm john muller in for rob nelson. >> good to have you here. >> great to be here. >> i'm paula faris. a little later this morning, lawmakers are going to make a last-ditch effort to make a compromise. here's the latest on the talks in just a moment. but first, a look at some of the other stories. a health scare for hillary clinton. the secretary of state is hospitalized this morning after doctors discover a blood clot. we'll have the latest on her condition. >>> also this morning, a different kind of contract for a young iphone user, what this teen's mom is making him agree to before he's allowed to talk or text. >> i think it's fantastic parenting by the way. >>> a huge weekend in nfl action. the bitter end for some teams. >> yeah. >> bears. and the beginning of playoff hopes for others,
>>> this morning on "world news now," new year's eve, the 11 9 hour, reaching a decision on the fiscal cliff. not yet. >> lawmakerks not find common ground, and we will all be paying taxes come tomorrow. it is monday, december 31. >> from abc news, this is "world news now." >> good morning, everybody, i'm john muller in for rob nelson. >> good to have you here. >> great to be here. >> i'm paula faris. a little later this morning,...
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Dec 26, 2012
12/12
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president obama brings his christmas vacation short as the clock ticks down on the fiscal cliff. >>> and why are movies so long? >>> a look at the world's longest high speed train. good morning to you. i'm richard lui. christmas was anything but merry for residents of the deep south, where a winter storm packed a dangerous deadly punch. at least three deaths are being blamed on a severe weather system that spawned tornadoes in four states and dumped snow as far south as texas. the latest from alabama. >> reporter: oh, wow. oh, jesus, look at that tornado. >> reporter: in mobile, alabama, a christmas surprise no one wished for. a tornado caught on video as it touched down right this city center. emergency management officials say the twister left lots of damage in its wake blowing out first and second floor windows at the mobile infirmary medical center and the roof at the high school. so far no injuries or death, but wit trees and power lines down tens of thousands are without electricity. one store sent customers scrambling for cover. >> one customer looked out the window and said t
president obama brings his christmas vacation short as the clock ticks down on the fiscal cliff. >>> and why are movies so long? >>> a look at the world's longest high speed train. good morning to you. i'm richard lui. christmas was anything but merry for residents of the deep south, where a winter storm packed a dangerous deadly punch. at least three deaths are being blamed on a severe weather system that spawned tornadoes in four states and dumped snow as far south as texas....
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Dec 24, 2012
12/12
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so we will move on to the fiscal cliff. the house and senate on christmas break. the president vacationing in hawaii and you are looking at a pretty hefty tax hike if they don't come to an agreement. law makers have one week to come up with a deal to avoid the fiscal cliff. some republicans now say the president wants the country to go over the cliff. last week president -- last week's speaker of the house john boehner failed to get the plan b passed but he failed to even bring to a vote. and if his own party that kept it from happening. so as the bickering continues over who is to blame the president and speaker left town after making the parting pitches. >> the work towards a package that prevanes tax hike on mid -- prevents a tax hike on middle class americans protect unemployment insurance for 2 million americans and lays the groundwork for further work on both growth and deficit reduction. >> the president's solution of raising tax rates would be redink as far as the eye could see and it would hurt jobs. >> president obama says that he will cut his holiday va
so we will move on to the fiscal cliff. the house and senate on christmas break. the president vacationing in hawaii and you are looking at a pretty hefty tax hike if they don't come to an agreement. law makers have one week to come up with a deal to avoid the fiscal cliff. some republicans now say the president wants the country to go over the cliff. last week president -- last week's speaker of the house john boehner failed to get the plan b passed but he failed to even bring to a vote. and...
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Dec 31, 2012
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. >> good sunday morning, time is nearly up before we go over the so-called fiscal cliff. senate leaders spent the weekend working on a last-ditch deal and the house comes back today for a rare sunday night session. yesterday afternoon, in an exclusive interview, president obama sat down with me in the blue room of the white house. to discuss the way forward and his priorities for a second term. >> mr. president, welcome back to "meet the press." >> great to be here, thank you. >> the obvious question -- are we going over the fiscal cliff? >> well, i think we're going to find out in the next 48 hours what congress decides to do. but i think it's important for the american people to understand exactly what this fiscal cliff is. because it's actually not that complicated. the tax cuts that were introduced in 2001, 2003, 2010, those were extended and they're all about to expire at the end of the year. so on midnight, december 31st, if congress doesn't act, then everybody's taxes go up. and for the average family, that could mean a loss of $2,000 in income. for the entire econ
. >> good sunday morning, time is nearly up before we go over the so-called fiscal cliff. senate leaders spent the weekend working on a last-ditch deal and the house comes back today for a rare sunday night session. yesterday afternoon, in an exclusive interview, president obama sat down with me in the blue room of the white house. to discuss the way forward and his priorities for a second term. >> mr. president, welcome back to "meet the press." >> great to be here,...
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Dec 28, 2012
12/12
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fans. >> also ahead, forget the fiscal cliff for now. congress is facing another big deadline that could impact what you could pay on something that is in just about everyone's refrigerator. we'll have more on what is called the milk cliff. have a good night. herere you go. you, too. i'm going to dream about that steak. i'm going to dream about that tiramisu. what a night, huh? but, um, can the test drive be over now? head back to the dealership? [ male announcer ] it's practically yours. but we still need your signature. volkswagen sign then drive is back. and it's never been easier to get a passat. that's the power of german engineering. get $0 down, $0 due at signing, $0 deposit, and $0 first month's payment on any new volkswagen. visit vwdealer.com today. >>> traffic is back to normal on the springfield interchange as virginia police continue to investigate a deadly accident that happened there. that accident did happen around 7:00 last night when a tractor- trailer stopped in traffic. it was rear ended by a pickup truck. three peopl
fans. >> also ahead, forget the fiscal cliff for now. congress is facing another big deadline that could impact what you could pay on something that is in just about everyone's refrigerator. we'll have more on what is called the milk cliff. have a good night. herere you go. you, too. i'm going to dream about that steak. i'm going to dream about that tiramisu. what a night, huh? but, um, can the test drive be over now? head back to the dealership? [ male announcer ] it's practically yours....
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Jan 1, 2013
01/13
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the senate passes a deal on the fiscal cliff but hurdles to clear this morning. >> history is being made in maryland today. same sex couples can legally wed. >> also ahead, still celebrating, red skin's nation. sunday's victory over the cowboys. fox 5 morning news at 7:00 starts right now. >> this is fox 5 morning news.
the senate passes a deal on the fiscal cliff but hurdles to clear this morning. >> history is being made in maryland today. same sex couples can legally wed. >> also ahead, still celebrating, red skin's nation. sunday's victory over the cowboys. fox 5 morning news at 7:00 starts right now. >> this is fox 5 morning news.
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Dec 27, 2012
12/12
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. >>> now, to the fiscal cliff, still looming large as president obama returns to the white house this morning. the president cut short his christmas vacation in hawaii to get back to washington. congress will also be in session today, amid fading hope that a deal could be reached by the new year. no agreement would mean deep spending cuts and historic tax hikes for virtually every american. >>> officials in newtown have a message for people who want to send gifts to the grief-stricken town. please don't. they say gifts, from school supplies to artwork, have arrived in such numbers, they overwhelmed the small community's ability to process them. a fund established after the shooting to support newtown has grown to $3.5 million. >>> meanwhile, hundreds of schoolteachers plan to attend firearms training today in salt lake city. the 200 teachers come from districts across utah. they have volunteered for the concealed weapons training. it's offered every year. organizers say in past years, only a few dozen teachers attended the training. they're expecting an overflow crowd because of this
. >>> now, to the fiscal cliff, still looming large as president obama returns to the white house this morning. the president cut short his christmas vacation in hawaii to get back to washington. congress will also be in session today, amid fading hope that a deal could be reached by the new year. no agreement would mean deep spending cuts and historic tax hikes for virtually every american. >>> officials in newtown have a message for people who want to send gifts to the...
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Dec 31, 2012
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. >> good sunday morning, time is nearly up before we go over the so-called fiscal cliff. senate leaders spent the weekend working on a last-ditch deal and the house comes back today for a rare sunday night session. yesterday afternoon, in an exclusive interview, president obama sat down with me in the blue room of the white house to discuss the way forward and his priorities for a second term. >> mr. president, welcome back to "meet the press." >> great to be here, thank you. >> the obvious question -- are we going over the fiscal cliff? >> well, i think we're going to find out in the next 48 hours what congress decides to do. but i think it's important for the american people to understand exactly what this fiscal cliff is. because it's actually not that complicated. the tax cuts that were introduced in 2001, 2003, 2010, those were extended and they're all about to expire at the end of the year. so on midnight, december 31st, if congress doesn't act, then everybody's taxes go up. and for the average family, that could mean a loss of $2,000 in income. for the entire econo
. >> good sunday morning, time is nearly up before we go over the so-called fiscal cliff. senate leaders spent the weekend working on a last-ditch deal and the house comes back today for a rare sunday night session. yesterday afternoon, in an exclusive interview, president obama sat down with me in the blue room of the white house to discuss the way forward and his priorities for a second term. >> mr. president, welcome back to "meet the press." >> great to be here,...
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Dec 24, 2012
12/12
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also this morning, a rather dire prediction about the fiscal cliff and what might happen when lawmakers return later this week. it's a pocketbook issue for all of us. >> some people are expecting to maybe go right over that cliff. >> more likely than a couple days ago. >>> and later this half hour, the christmas edition of our insomniac play list. your favorites performed with an updated beat. putting a new spin on some of the old christmas classics. >> good to see ceelo hanging out with the muppets there. >>> topping our news right now, the nra is not backing down from its call to place armed officers in the nation schools. >> congressman chris murphy whose district includes newtown calls it tone deaf and also revolting. >> reporter: from the brooklyn bridge in new york to the sidewalks of falls church, virginia, anti-gun protests are springing up around the country. the debate on gun control has also triggered a run on gun shows and gun stores. sales are soaring as people rush to buy assault weapons before a possible ban. >> we're completely out of the so-called assault weapons. so th
also this morning, a rather dire prediction about the fiscal cliff and what might happen when lawmakers return later this week. it's a pocketbook issue for all of us. >> some people are expecting to maybe go right over that cliff. >> more likely than a couple days ago. >>> and later this half hour, the christmas edition of our insomniac play list. your favorites performed with an updated beat. putting a new spin on some of the old christmas classics. >> good to see...
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Jan 1, 2013
01/13
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senate approved a deal to avoid the fiscal cliff this morning. rene marsh is live with what will probably happen after the house reconvenes this morning. good morning, rene. >> reporter: good morning, tori. they should be on capitol hill about in 15 minutes. what we're learning this morning something all of the house republicans will meet to discuss this fiscal cliff package. it's now in their land. what will they do with it -- what will they do? could tomly kate things more -- could -- to complicate things more, eric canter has said they are not sure if they will vote on it today. we're just waiting to see what happens. let's talk about last night. vice president biden was on the hill. biden and senate republican leader, mitch mcconnell, they both worthed together very closely to work out -- worked together to work out this compromise. and we now know that individuals making more than 400,000 and families making more than $450,000 will see their taxes go up. and while those automatic spending cuts are delayed until the beep ginning of march, the
senate approved a deal to avoid the fiscal cliff this morning. rene marsh is live with what will probably happen after the house reconvenes this morning. good morning, rene. >> reporter: good morning, tori. they should be on capitol hill about in 15 minutes. what we're learning this morning something all of the house republicans will meet to discuss this fiscal cliff package. it's now in their land. what will they do with it -- what will they do? could tomly kate things more -- could --...
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Dec 31, 2012
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. >> good sunday morning. time nearly up before we go over the fiscal cliff. senate leaders spent the weekend working on a last-ditch deal and the house comes back for a rare sunday session. president obama sat down with me in the blue room of the white house to discuss the way forward and his priorities for a second term. mr. president, welcome back to "meet the press." >> great to be here. thank you. >> the obvious question, are we going to go over the fiscal cliff? >> well, i think we'll find out in the next 48 hours what congress will decide to do. but i think it's important for the american people to understand exactly what this fiscal cliff is, because it's actually not that complicated. the tax cuts that were introduced in 2001, 2003, 2010, those were extended, and they are all about to expire at the end of the year. so on midnight, december 31st, if congress doesn't act, then everybody's taxes go up. and for the average family, that could mean a loss of $2,000 in income. for the entire economy, that means consumers have a lot less money to make purchas
. >> good sunday morning. time nearly up before we go over the fiscal cliff. senate leaders spent the weekend working on a last-ditch deal and the house comes back for a rare sunday session. president obama sat down with me in the blue room of the white house to discuss the way forward and his priorities for a second term. mr. president, welcome back to "meet the press." >> great to be here. thank you. >> the obvious question, are we going to go over the fiscal...
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. >> clayton: we'll have much more on that and what the fiscal cliff means with some of those numbers. we'll dive into some of the taxes we'll all be paying. because it's going to get scary. we were talking a little bit with stuart varney about some of the taxes that you'll pay no matter what regarding that payroll tax hike that you're going to see. everyone is going to get hit. that's not even part of the discussion, hasn't even been put on the table this morning. >> juliet: speak of scary, based on what happened in newtown and what's happened in other schools around the country, parents understandably are scared. educators are concerned about security in schools. let's go to utah where the teachers will be getting weapons training today. and arizona's attorney general plans to have trained or principal trained with a gun inside the school. basically they're not saying they want the teachers to go roaming the halls with a gun. but this is like the last standr classroom. >> clayton: the first response are how are they going to allow guns in utah. in utah, one of the few states that al
. >> clayton: we'll have much more on that and what the fiscal cliff means with some of those numbers. we'll dive into some of the taxes we'll all be paying. because it's going to get scary. we were talking a little bit with stuart varney about some of the taxes that you'll pay no matter what regarding that payroll tax hike that you're going to see. everyone is going to get hit. that's not even part of the discussion, hasn't even been put on the table this morning. >> juliet: speak...
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Dec 28, 2012
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could cross over that fiscal cliff and just in case washington doesn't make a deal, we're getting you ready. every day this week, we've been taking a look at how it will affect you and your pocketbook and today we're focusing on those of you getting close to retirement. ryan mack, president of optimum capital management joins me via skype from detroit. good to have you back. >> thank you for having me. >> let's start with the basics, talking about retirement and sometimes when you get all deep in the weeds it's difficult for people to stay with you, so let's talk about the retirement accounts and what we should take into consideration. >> all right, well essentially the worst question, the hardest question we could take is when someone's 55 and they say ryan, i've lost all of my money in the markets. what am i supposed to do? essential will i that means they were not allocated appropriately, essentially there are three stages to any investment or life cycle, at cuthe accumulation, ready to take on risk, just graduated age, the conservation, got a lot of years, still have the ability t
could cross over that fiscal cliff and just in case washington doesn't make a deal, we're getting you ready. every day this week, we've been taking a look at how it will affect you and your pocketbook and today we're focusing on those of you getting close to retirement. ryan mack, president of optimum capital management joins me via skype from detroit. good to have you back. >> thank you for having me. >> let's start with the basics, talking about retirement and sometimes when you...
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Dec 26, 2012
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his cutting short his hawaiian vacation, to return to washington to avoid the fiscal cliff. >>> deep discounts. if you're not sick of the mall just yet, you're going to find sales today. >>> and the holiday homecoming. one family never imagined was possible. how a chance encounter by a caring stranger put a pup back in the arms of the little girl who loves her. >>> good morning, everyone. i'm muhammad lila. >> and i'm brandi hitt. paula and rob are off this morning. travel could be a challenge across much of the country. tornadoes, rain, snow, even a blizzard are all a threat. >> they are picking up the piece of a series of storms turned deadly. wendy gillette is joining us with more now. wendy? >> reporter: muhammad and brandi, we may dream of a white christmas. and many of us got one. but these storms also delivered a deadly punch, all across the country. >> oh, jesus. look at that tornado. >> reporter: this is just 1 of more than 30 reported tornadoes that touched down on christmas day, leaving behind heavy damage. >> still on the ground for over a minute. >> reporter: this one ro
his cutting short his hawaiian vacation, to return to washington to avoid the fiscal cliff. >>> deep discounts. if you're not sick of the mall just yet, you're going to find sales today. >>> and the holiday homecoming. one family never imagined was possible. how a chance encounter by a caring stranger put a pup back in the arms of the little girl who loves her. >>> good morning, everyone. i'm muhammad lila. >> and i'm brandi hitt. paula and rob are off this...
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vote on a deal to avoid the fiscal cliff. both houses of congress are meeting in a rather sunday session. the senate convenes aat 1:00 eastern and the house at 2:00. our chief white house correspondent jessica yellen with the look at the chances for a deal and what's on the table. >> here in washington there is still hope a deal can be cut in time to avert the fiscal cliff. on saturday the president was at work here in the white house, but all eyes were on the senate where negotiators were trading deal points and revenue figures to try to reach an agreement all sides can stomach. the baseline for the president, any bipartisan bill has to extend unemployment insurance that would affect some 2 million americans, and increase taxes for the highest income earners. negotiators can still work out exactly where that tax increase would hit and whether they would halt an increase in the estate tax. in case those discussions break down, the president has asked democratic leader harry reid to prepare a separate bill to put on the floor
vote on a deal to avoid the fiscal cliff. both houses of congress are meeting in a rather sunday session. the senate convenes aat 1:00 eastern and the house at 2:00. our chief white house correspondent jessica yellen with the look at the chances for a deal and what's on the table. >> here in washington there is still hope a deal can be cut in time to avert the fiscal cliff. on saturday the president was at work here in the white house, but all eyes were on the senate where negotiators...
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Dec 31, 2012
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trying to avoid the fiscal cliff. if there's no agreement by midnight and we go over the cliff, economists predict america will go back into a recession. >> here's what will happen starting tomorrow. income taxes would increase $2,400 a year for families with an annual income of $50,000 to $75,000. their social security taxes would also go up on average $1,000 a year. and some 2 million jobless americans stand to lose their fed caleral unemployment benefits. in all, the congressional budget office says going over the cliff could cost the country more than 3 million jobs in 2013. we begin our coverage with nancy cordes on capitol hill. good morning. >> reporter: good morning. the senate is set to reconvene in about an hour. we're told negotiations progressed well last night, that the vice president is now heavily involved and that the two sides have moved significantly towards one another on the top issue, which is tax cuts. but the big question is whether they can make it the rest of the way before tonight's deadline.
trying to avoid the fiscal cliff. if there's no agreement by midnight and we go over the cliff, economists predict america will go back into a recession. >> here's what will happen starting tomorrow. income taxes would increase $2,400 a year for families with an annual income of $50,000 to $75,000. their social security taxes would also go up on average $1,000 a year. and some 2 million jobless americans stand to lose their fed caleral unemployment benefits. in all, the congressional...
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Dec 31, 2012
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we are a few hours away from the so- called fiscal cliff. lawmakers will meet in about three hours to try and meet the midnight deadline. we will let you know all about that. before we get to that let us get outside and show you the san mateo bridge. a lot of people are off today. a lot of others heading to work. you can see cars moving along the bridge no problems. >> an ailing former president gets a big dose of medimiracle medicine. >> the oak ridge boys serenade for president george bush. he was admitted a month ago for bronchitis. last week he was described as having a stubborn fever >> barbara bush reached out to the oak ridge boys and gave a concert to one of their biggest fans over the phone spirit we as to what you want to hear in very quickly he said elvira. >> we sank some of it. and then one of his all-time favorites amazing grace. >> the first installment of of hobbit movie trilogy of one in $33 million in ticket sales. clinton tarantino django and change came in second. les miserable was third. >> people are afluter over the ka
we are a few hours away from the so- called fiscal cliff. lawmakers will meet in about three hours to try and meet the midnight deadline. we will let you know all about that. before we get to that let us get outside and show you the san mateo bridge. a lot of people are off today. a lot of others heading to work. you can see cars moving along the bridge no problems. >> an ailing former president gets a big dose of medimiracle medicine. >> the oak ridge boys serenade for president...
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Dec 28, 2012
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. >> let's move on to breaking developments in the showdown over the fiscal cliff. we are four days before the deadline. top congressional lawmakers wrapped up a meeting with president obama at the white house. among the leaders, republican house speaker john boehner and senate minority leader mitch mcconnell. harry reid and nancy pelosi were there. steve chenevey live on capitol hill right now. >> that meeting at the white house lasted just a little more than an hour. they started at 3:10 and were done by 4:15. no major decisions were made. president, reportedly telling congressional leadership, if you do not have a better plan than i do by now, we need to get to voting on my plan. the clock is still ticking in advance of monday night's deadline. frustration being felt not just inside the capitol, but i constituents outside as well. >> i am a little worried about the future as well, for my kids mostly. >> it is a popular thought outside the capital. >> there is an understandable frustration. >> chris van hull and is hopeful a deal can be reached by tuesday, althoug
. >> let's move on to breaking developments in the showdown over the fiscal cliff. we are four days before the deadline. top congressional lawmakers wrapped up a meeting with president obama at the white house. among the leaders, republican house speaker john boehner and senate minority leader mitch mcconnell. harry reid and nancy pelosi were there. steve chenevey live on capitol hill right now. >> that meeting at the white house lasted just a little more than an hour. they started...
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Dec 26, 2012
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. >> he's hoping to make a last-ditch compromise with lawmakers to try to avoid that fiscal cliff. reena ninan is traveling with the president. she joins us, now, from honolulu, hawaii. reena, has there been any movement to try to reach a compromise here? >> reporter: it doesn't seem that either side -- the president or the white house has reached out to either side over this christmas break. no movement moving forward on these fiscal cliff talks. the focus will shift to the senate. they have to try to craft something together that will pass both the house and the senate. so, the burden is now on them to try to strike some sort of a deal. that's because on friday before congress left for christmas, the house was unable to get any sort of a deal passed through. >> and, reena, give us a play-by-play. what can we expect this week? where will the white house be focusing their efforts? >> reporter: right. as i mentioned, capitol hill, now, taking the emphasis over at the senate side. the other concern that the white house does have is to make sure that they come to their different party
. >> he's hoping to make a last-ditch compromise with lawmakers to try to avoid that fiscal cliff. reena ninan is traveling with the president. she joins us, now, from honolulu, hawaii. reena, has there been any movement to try to reach a compromise here? >> reporter: it doesn't seem that either side -- the president or the white house has reached out to either side over this christmas break. no movement moving forward on these fiscal cliff talks. the focus will shift to the senate....
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cliff. without a deal, taxes are set to go up on about every american. >> reporter: talks continue but this morning, still no deal. republicans and democrats nee gobuated all weekend, with the hope of passing legislation that would protect most people from a massive tax hike, set to kick in type at midnight. our top priority is make sure taxes on middle class families don't go up to hurt the economy badly. >> reporter: optimism about a deal over the weekend, when the republican leader in the senate made an offer, that all ended when senate majority leader said he couldn't present a counter proposal, in a hail mary, he phoned for help. >> i placed a call to the vice president to see if he could jump start the negotiations on his side. i'm willing to get this done. i need a dance partner. >> reporter: white house officials say vice president biden is now playing a direct role in the talks. the two partys remain at odds over the automatic across the board cuts to government programs and defense
cliff. without a deal, taxes are set to go up on about every american. >> reporter: talks continue but this morning, still no deal. republicans and democrats nee gobuated all weekend, with the hope of passing legislation that would protect most people from a massive tax hike, set to kick in type at midnight. our top priority is make sure taxes on middle class families don't go up to hurt the economy badly. >> reporter: optimism about a deal over the weekend, when the republican...
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the top headline on politico this morning, fiscal cliff deal increasingly unlikely. jonathan, really? >> i think there's a lot of pessimism here in washington. you've got, as you pointed out, five days left. i think the real indicator here is that none of these parties are moving off their position. the senate democrats, the house republicans, the white house. there hasn't been any reason for folks to look at what's going on and say, oh, i see where a deal could be coming together. so what you've got is what's described in economic game theory is where everyone has decided on their strategy, looked at the strategies of the oar players and figuring that their optable strategy is to go over the cliff and pick up the pieces later. >> and basically fight for which party is going to get the most blame in the meantime, right? >> that's right. this is a finger-pointing exercise. everyone is sort of putting together their best case for why the other guy is at fault. you know, the possible exception here, drew, is if the senate can pass something, a scaled-back version of the
the top headline on politico this morning, fiscal cliff deal increasingly unlikely. jonathan, really? >> i think there's a lot of pessimism here in washington. you've got, as you pointed out, five days left. i think the real indicator here is that none of these parties are moving off their position. the senate democrats, the house republicans, the white house. there hasn't been any reason for folks to look at what's going on and say, oh, i see where a deal could be coming together. so...
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. >>> first up tonight at 6:00, breaking news on the fiscal cliff. talks on capitol hill. house republicans are meeting for the second time today to decide what to do with a bill passed in the senate early this morning. >> some house members don't like the deal because it doesn't include spending cuts. but if they opt to make changes, senate leaders say that there will be anyone around to vote on it. the issue would be left important the new congress to handle and whole process would start from scratch after the new members are sworn in later this week. jennifer johnson is live on capitol hill tonight with more on the back and forth we have seen all day today. jennifer? >> good evening. that's right. house went into session at noontime today. since then meeting after meeting but no vote. at this point it does not look like there will be a rote on the senate bill that passed at 2:00 a.m. this morning. it does not appear the house will vote on that bill. tense new year for john boehner as he meets with fellow republicans whether to okay the fiscal cliff bill passed overwhelm
. >>> first up tonight at 6:00, breaking news on the fiscal cliff. talks on capitol hill. house republicans are meeting for the second time today to decide what to do with a bill passed in the senate early this morning. >> some house members don't like the deal because it doesn't include spending cuts. but if they opt to make changes, senate leaders say that there will be anyone around to vote on it. the issue would be left important the new congress to handle and whole process...
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negotiations resume this morning on capitol hill as lawmakers try to avoid going over the fiscal cliff. >> secretary of state hillary clinton remains in a new york hospital this morning so doctors can treat her for a blood clot. >> redskins fans get a chance to buy playoff ticket later this morning after the team's big win over the cowboys. we'll have much more on the stories throughout the morning. good morning everyone. i'm erika gonzalez. >> i'm richard jordan. eun yang and aaron gilchrist are off today. many public transit agencies are running on modified schedules today. metro rail will stay open two hours later closing at 2:00 a.m. tomorrow morning. metro rail and buses are running on a regular weekend schedule. the march rain will operate the penn and brunswick lines on an s schedule. there will be no service on the camden line. the virginia railway express is running on a holiday schedule. >>> a chilly start to the morning as you head out the door. storm team 4 meteorologist veronica johnson is here with us. to tell us about your new year's eve forecast. how everything is shapi
negotiations resume this morning on capitol hill as lawmakers try to avoid going over the fiscal cliff. >> secretary of state hillary clinton remains in a new york hospital this morning so doctors can treat her for a blood clot. >> redskins fans get a chance to buy playoff ticket later this morning after the team's big win over the cowboys. we'll have much more on the stories throughout the morning. good morning everyone. i'm erika gonzalez. >> i'm richard jordan. eun yang and...
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Dec 27, 2012
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fiscal cliff talks will resume this morning in washington. when will have a live look from the senate floor. also inside the office of one of the richest man is on the planet. warren buffett. those stories and much more when the kron4 morning news continues. >> >> compared to yesterday that the nasty weather would not be the case today. high- pressure is in control and we will continue to see the sunshine and dry weather. not only this afternoon but clear conditions will continue into the evening hours. satellite and radar pictures look like mainly active whether it has shifted too our east. we are dry for now but we have changes to talk about as another storm is headed in our direction. i will break down full details and walk you through future cast four and my next report. >> it continues to be a pretty good ride even though we had a few minor incidents on the peninsula. they have cleared up now and the bay bridge ride and has a light traffic and no meat during lights. the quick check commute shows we're dealing with much much lighter than
fiscal cliff talks will resume this morning in washington. when will have a live look from the senate floor. also inside the office of one of the richest man is on the planet. warren buffett. those stories and much more when the kron4 morning news continues. >> >> compared to yesterday that the nasty weather would not be the case today. high- pressure is in control and we will continue to see the sunshine and dry weather. not only this afternoon but clear conditions will continue...
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cliff he boarded air force one overnight and will be aliveing at andrews in maryland 8:45 our time this morning he cut short his vacation, democrats and republicans have four days to reach a deal before mandatory budget cuts and tax increases kick in january 1st. >>> at least 200 teachers will get concealed weapons training in utah today, overflow crowds are expected when gun rights advocates waive usual fee for teachers. the training tolls the shooting tragedy in newtown, connecticut. gun groups believe teachers can act more quickly than law enforcement in those critical first minutes to protect children. >>> gun buy-back event in los angeles is being called a huge success, you can see why. people in their cars lined up for miles yesterday to turn in their firearms. event is held once a year and takes place in the spring, the mayor moved it up to take advantage of the outrage over the connecticut school massacre, the city gave away up to $200 in grocery gift cards. >>> lance armstrong has until today to appeal the ban imposed on him. he lost his seven titles december 6th, when the inte
cliff he boarded air force one overnight and will be aliveing at andrews in maryland 8:45 our time this morning he cut short his vacation, democrats and republicans have four days to reach a deal before mandatory budget cuts and tax increases kick in january 1st. >>> at least 200 teachers will get concealed weapons training in utah today, overflow crowds are expected when gun rights advocates waive usual fee for teachers. the training tolls the shooting tragedy in newtown, connecticut....
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good morning. i'm mara schiavocampo. a powerful winter storm that brought an odd mix of tornadoes, heavy winds and snow to the nation's midsection is now wreaking havoc on the northeast. snow and sleet have produced treacherous road conditions from pennsylvania and western new york to maine with more than a foot of snow expected in some areas. this storm so far being blamed for at least six deaths. and as nbc's kurt gregory reports, the storm is creating a post holiday travel nightmare. >> reporter: cleanup on the day after christmas for the deep south. a record of more than 20 tornadoes as a massive storm system ripped through mississippi and alabama and left arkansas with a record-breaking white christmas. that storm system continued its march across the center of the nation wednesday, leaving a near whiteout from detroit -- >> not used to it. it's slick. >> reporter: -- to indianapolis. >> it's definitely a doozy out there. >> reporter: the blizzard-like conditions making getting anywhere nearly impossible, on the gro
good morning. i'm mara schiavocampo. a powerful winter storm that brought an odd mix of tornadoes, heavy winds and snow to the nation's midsection is now wreaking havoc on the northeast. snow and sleet have produced treacherous road conditions from pennsylvania and western new york to maine with more than a foot of snow expected in some areas. this storm so far being blamed for at least six deaths. and as nbc's kurt gregory reports, the storm is creating a post holiday travel nightmare....
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late last night, early this morning the u.s. senate approved their fiscal cliff bill. the final tote: 89-8. because the house of representatives has not yet voted on it, ladies and gentlemen, we have technically gone off the cliff. >> right. we do have a framework that the house will be voting on tomorrow, we believe. we can give you some details on that. it is essentially if you want to know, in terms of a ratio 16 billion in tax cuts. >> a 41-1 ratio. >> that ratio is going to give a lot of republicans heartburn and a lot of americans heartburn. >> when you look at history, when ronald reagan agreed to increase taxes, he got $3 worth of tax cuts for every $1 in tax hikes. the tax cuts never came. however -- and this is the ratio right now. as juliet mentioned. 4 # 2-1. $42 in new tax hikes to every dollar in spending cuts. a lot of conservatives do not like that. that is not a good deal to them. >> the house has not voted yet. this is going to be in their hands at this point. john boehner is like we've got to look at things. it's not going to happen overnight. >> it
late last night, early this morning the u.s. senate approved their fiscal cliff bill. the final tote: 89-8. because the house of representatives has not yet voted on it, ladies and gentlemen, we have technically gone off the cliff. >> right. we do have a framework that the house will be voting on tomorrow, we believe. we can give you some details on that. it is essentially if you want to know, in terms of a ratio 16 billion in tax cuts. >> a 41-1 ratio. >> that ratio is going...
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four days left of fiscal cliff talks. wow. coming up we tall to chris val hollen about the state of the negotiations. "morning joe" will be right back. oh it's clearance time! yeah, our low prices are even lower. we need to teach her how to walk. she is taking up valuable cart space. aren't you, honey? [ male announcer ] it's clearance time! up to 50% off seasonal decor. 50% off toys. apparel $3 to $9. walmart. mine was earned off vietnam in 1968. over the south pacific in 1943. i got mine in iraq, 2003. usaa auto insurance is often handed down from generation to generation. because it offers a superior level of protection, and because usaa's commitment to serve the military, veterans and their families is without equal. begin your legacy, get an auto insurance quote. usaa. we know what it means to serve. [ male announcer ] it started long ago. the joy of giving something everything you've got. it takes passion. and it's not letting up anytime soon. at unitedhealthcare insurance company, we understand that commitment. and alwa
four days left of fiscal cliff talks. wow. coming up we tall to chris val hollen about the state of the negotiations. "morning joe" will be right back. oh it's clearance time! yeah, our low prices are even lower. we need to teach her how to walk. she is taking up valuable cart space. aren't you, honey? [ male announcer ] it's clearance time! up to 50% off seasonal decor. 50% off toys. apparel $3 to $9. walmart. mine was earned off vietnam in 1968. over the south pacific in 1943. i got...